Processing Delay

Processing Delay

Time a selling firm takes to record receipt of a payment and deposit it.

Processing Delay

The time between the receipt of an order or payment and the appropriate response. Processing delay may involve the time between receiving a payment and depositing it in the bank or between a customer requesting a product and that product being shipped. The increase in electronic communication has greatly reduced processing delay for many transactions.

Regarding the laboratories that allow relabeling of specimens and the relabeled specimens included in this study, the following were found: (1) These laboratories reported no better performance regarding specimen processing delay, but a slightly lower rate of provider-abandoned specimens (see Table 5); (2) of the 51 improperly labeled specimens that were relabeled, 20 specimens (39%) were subsequently discovered to not be from the intended patient (wrong specimen in container).

The IRS says it now has the complete 2014 EPD information for all but one state, but GAO officials say the filing and processing delays forced the IRS to start using backup procedures to enforce PPACA premium subsidy tax credit rules.

CAMA suggests that this issue would be addressed more effectively through educational efforts, rather than regulatory measures that "would greatly burden a critically taxed medical certification system already suffering from very significant processing delays.

Foreclosure filings declined by another 9 percent last month, bringing foreclosure activity nationwide to a 40-month low as lender processing delays continue to back up the system, according to data from RealtyTrac released today.

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